Anthropic Secures $3.5 Billion, Boosts Valuation to $61.5 Billion

Anthropic, a prominent AI company supported by Amazon.com, Inc. AMZN and Alphabet Inc.’s GOOG GOOGL Google, has successfully raised $3.5 billion in a Series E funding round, elevating its valuation to $61.5 billion.

Funding Overview: The latest funding round was led by Lightspeed Venture Partners, with contributions from notable investors including Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Menlo Ventures, Salesforce Ventures, General Catalyst, Jane Street, and Fidelity Management & Research Company. This announcement was made on Monday.

Subscribe to the Benzinga Tech Trends newsletter for the latest updates on technology.

Significance of the Raise: Founded in 2021 by former employees of OpenAI, Anthropic aimed to secure $2 billion but attracted even more investor interest, leading to an oversubscribed round, as reported by Bloomberg. The company’s revenue run rate has increased by 30% this year, indicating robust growth.

This latest investment follows Amazon’s additional $4 billion commitment in November and Google’s $1 billion investment in January.

In a recent development, Anthropic launched an enhanced version of its AI model Sonnet, featuring a new agent designed to streamline software coding tasks.

In related news, SoftBank Group is reportedly negotiating to lead a new funding round for OpenAI, the creator of ChatGPT. This deal could potentially raise $40 billion and value OpenAI at $300 billion, setting a new benchmark for private company funding.

Additionally, Elon Musk’s xAI achieved a $50 billion valuation in November 2024, while Perplexity AI, which is backed by Jeff Bezos, raised $500 million in December, giving it a valuation of $9 billion.

Image via Shutterstock

For more insights on Consumer Tech, follow this link for Benzinga’s coverage.

Read Next:

Disclaimer: This content was partly produced with the assistance of Benzinga Neuro and was reviewed and published by Benzinga editors.